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In recent years some of the proceeds were returned to the Treasury, while some money has been redirected to create foundations that provide foreign aid.
And where the great philanthropists of the last century tended to use their money to create foundations that would last in perpetuity, -- the 21 Carnegie institutions, the Rockefeller Foundation, the Ford Foundation -- many of the new philanthropists are spending the bulk of their money while they are alive, to have a greater impact and control how their fortunes are used.
If the wealthy seek to create foundations and trusts, they should have to comply with this principle to compel some democratic process for the spending of the funds.
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Rose says he was inspired to create Foundation by Dave Morin when he read this post.
Many artists create foundations to shepherd their legacies, but most foundations do not give control to a single trustee because they seek additional oversight.
I create foundations.
Why do celebs create foundations?
Blockchain is a foundational technology: It has the potential to create new foundations for our economic and social systems.
The titans had to create the foundations, to create heaven and earth from the cosmos.
The only way to save humanity from 30,000 years of ignorance is for Seldon to create two "Foundations" that preserve knowledge of the physical sciences.
International public health programs need to address societal structures in order to create strong foundations upon which effective healthcare interventions can be implemented.
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